The US has extended permission to operate with the Moscow Exchange
Washington has extended permission for a number of financial transactions with Russian structures.
The US decision concerns the Moscow Exchange, the National Clearing Center (NCC), and the National Settlement Depository (NSD).
The United States extended permission to operate with them for two months.
The validity period is until October 12, according to a document on the OFAC website (a division of the US Treasury Department).
After this, Executive Order (EO) 14024 will prohibit any transactions with the Moscow Exchange, NCC, NSD, unless Washington decides to extend the permission.
Previously, it was assumed that transactions would be carried out until August 13.
Sanctions against the Moscow Exchange were introduced on June 12. The very next day, it announced that it had suspended trading in dollars and euros. Trading in the Hong Kong dollar (HKD) was also suspended, as it is pegged to the American currency.
A similar measure affected settlement instruments that used USD and EUR.
